by Jane Richey | Dec 7, 2012 | Fiscal Responsibility
The federal government ran a deficit of $292 billion for the first two months of fiscal year 2013 – October and November 2012 – amounting to $4.8 billion of borrowed money each day. “The federal budget deficit was $292 billion for the first two months of fiscal year...
by Jane Richey | Nov 26, 2012 | Fiscal Responsibility, Politics
Billionaire Warren Buffett, always popular among Democratic redistributionists, says he wants a “minimum tax” on the very rich. Never mind that we already have one, and that what he proposes would hurt both the economy and the middle class. The third...
by Jane Richey | Aug 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Congressional Republicans are blasting the White House’s decision to rework the government bailout of housing giants Fannie Mae and Freddie Mac. The Treasury Department’s decision to modify some terms of the nearly four-year federal lifeline is drawing...
by Jane Richey | Aug 17, 2012 | Constitutionally Limited Goverment, Free Markets
President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly...
by Jane Richey | Aug 10, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Voting Issues
The Treasury Department released a report this week that suggests supervisors in the Internal Revenue Service turned a blind eye to fraud in a program designed to collect taxes from immigrants, legal and illegal, resulting in the agency handing out potentially...